Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
National Grid Partners has announced a $100 million investment in AI startups to enhance energy efficiency and grid resilience, according to a press release.
Carv has acquired Recrubo, a conversational AI platform, to enhance its AI recruitment technology, according to a press release by Carv.
Baidu has completed a CNY10 billion offering of CNY-denominated senior unsecured notes, as announced in a press release. The proceeds will be used for general corporate purposes.
Cartesia has announced a $64 million Series A funding round led by Kleiner Perkins to enhance its voice AI capabilities with the launch of Sonic 2.0.
Celestial AI has raised $250 million in a Series C1 funding round led by Fidelity Management & Research Company, bringing its total funding to over $515 million. The investment will accelerate the commercialization of its Photonic Fabric technology, which aims to enhance AI infrastructure.
Norwegian AI startup Metric has raised €8 million in Series A funding, led by Magnus Carlsen, to enhance its AI-driven marketing solutions for e-commerce.
Sola Security has emerged from stealth with a $30 million seed round to launch its AI-powered, no-code cybersecurity platform, aiming to simplify and democratize security solutions.
Podqi has raised $3.2 million in seed funding led by General Catalyst to advance its AI-powered IP protection platform.
Norm Ai has announced a $48 million funding round to enhance its AI-driven compliance solutions, bringing its total funding to $87 million over 18 months.
CompScience has raised $27.6 million in a Series B funding round led by Sands Capital to advance its AI-based insurtech platform for workplace safety.
Israeli startup CaPow has raised $15 million in a Series A funding round led by Toyota Ventures to enhance its wireless charging technology for robots.
Harmony Intelligence, a US-Australian cybersecurity startup, has raised $3 million in seed funding led by Airtree Ventures to enhance its AI-driven defensive systems.
OpenAI has signed a five-year, $11.9 billion agreement with CoreWeave to expand its AI infrastructure, including a $350 million equity stake in the company.
Uthana has raised $4.3 million in funding to enhance its generative AI platform for 3D character animation, announced in a press release. The funding round was led by IA Ventures and includes several other investors.
moveUP.care has announced its acquisition of Deep Structure.ai, a US-based digital health company specializing in AI-driven orthopedic care, to strengthen its capabilities and expand its presence in the US.
Forcepoint has announced its acquisition of Getvisibility to bolster its AI-driven data security capabilities, enhancing risk visibility and compliance for enterprise and government clients.
ServiceNow is reportedly close to acquiring AI firm Moveworks for nearly $3 billion, according to Bloomberg. The deal could be announced soon, though discussions are ongoing.
GovEagle has raised $2.5 million from Strategic Cyber Ventures and Y Combinator to enhance its AI-powered proposal platform for government contractors.
Daupler has raised $15 million in a Series B funding round led by Aqualateral to advance its AI-driven incident response management for utilities.
KraneShares' AI ETF AGIX has acquired shares in Anthropic, marking a significant move as one of the first US-listed ETFs to invest directly in a private company.
